Any operator hoping Stockland will keep acquiring will be disappointed. In their latest Annual Report they have stated they will spend the next 12 months settling the Aevum purchase in. There is talk that they may even shed a village or two where the management has been problematical a hangover from some of the ARC contracts in Victoria they inherited.
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust are liable for breaching their duties as officers of the trust APCHL. They agreed to the amendment of the Constitution of...